This has got to be stopped if cryptos are going to become more mainstream. Hackers steal over $40 million worth of bitcoin from one of the world's largest cryptocurrency exchanges https://t.co/yVgzxs6IKt

“The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time". Always assume you are already hacked. Design and communicate accordingly. https://t.co/uCQoGdgMqs

Classic Bitcoin. $41 million dollars gets swiped overnight. And yet, people can't help but marvel, at the low transaction fees to move so much money from one account to another. https://t.co/qs8DDxdi1b

Binance doesn't know the full extent of the hack, they know some 2FA has been compromised, they don't know which customer accounts are compromised, yet they enable trading. This is ballsy beyond belief. pic.twitter.com/XiZNqn8dKF

There’s a bit of superficial discussion happening (mostly dismissal) of CZ of binance’s exploration of reorganizing the blockchain to reverse binance’s recent hack. Here’s why such a rollback is plausible in a future case (whether we want it to be plausible or not.)

As terrible as this and any hack might be, this again proves importance of bitcoin as an auditable, transparent system - an aspect that I think is often underplayed. Privacy is important, but big players owe their users such transparency (and arguably more) https://t.co/yJm9bAvJw6

An important lesson: now you know why certain people want their own altcoin with their own chain that they control (even though they claim it's decentralized). If they make a mistake, they can just bail themselves out.That won't happen with Bitcoin. Honey badger doesn't care.

Binance security breach, affected 2% of their BTC holdings, deposits and withdrawals suspended for a week. Computer and crypto security remains a very difficult problem for all. https://t.co/qmipB2gJoa

"Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info. The hackers used a variety of techniques, including phishing, viruses and other attacks." https://t.co/3BQkTS2Vhs

Binance hack: DON’T PANIC! Only hot wallets impacted. Amount: 7,000 BTC, less than 2% of total holdings. Deposits/withdawals offline. Allegedly, @binance will cover the hack-losses using the “SAFU Fund” per the note from @cz_binance. Investigation ongoing. https://t.co/TgLvukRdNf